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PENN Entertainment

381 hedge funds and large institutions have $3.02B invested in PENN Entertainment in 2024 Q2 according to their latest regulatory filings, with 58 funds opening new positions, 107 increasing their positions, 117 reducing their positions, and 77 closing their positions.

New
Increased
Maintained
Reduced
Closed

173% more call options, than puts

Call options by funds: $331M | Put options by funds: $121M

33% more funds holding in top 10

Funds holding in top 10: 68 (+2)

12% more capital invested

Capital invested by funds: $2.69B → $3.02B (+$321M)

5.01% more ownership

Funds ownership: 97.19%102.2% (+5%)

9% less repeat investments, than reductions

Existing positions increased: 107 | Existing positions reduced: 117

6% less funds holding

Funds holding: 405381 (-24)

25% less first-time investments, than exits

New positions opened: 58 | Existing positions closed: 77

Holders
381
Holders Change
-24
Holders Change %
-5.93%
% of All Funds
5.5%
Holding in Top 10
8
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
58
Increased
107
Reduced
117
Closed
77
Calls
$331M
Puts
$121M
Net Calls
+$210M
Net Calls Change
+$91.7M
Name Holding Trade Value Shares
Change
Change in
Stake
CFFP
351
Center for Financial Planning
Michigan
$388
RFG
352
REAP Financial Group
Texas
$387
Toronto Dominion Bank
353
Toronto Dominion Bank
Ontario, Canada
$387
CWM
354
CarsonAllaria Wealth Management
Illinois
$310
PAI
355
Pittenger & Anderson Inc
Nebraska
$291
FG
356
Fairman Group
Pennsylvania
$290
GWSA
357
Global Wealth Strategies & Associates
Colorado
$290
IFAM
358
Institutional & Family Asset Management
Colorado
$290
CCM
359
Chilton Capital Management
Texas
$271
ME
360
McIlrath & Eck
Washington
$271
AP
361
Aspect Partners
Virginia
$194
BWL
362
Bogart Wealth LLC
Virginia
$194
GEA
363
Glen Eagle Advisors
New Jersey
$194
SIC
364
SJS Investment Consulting
Ohio
$194
GI
365
Gradient Investments
Minnesota
$194 +$170 +10 New
HIA
366
Harbor Investment Advisory
Maryland
$194 +$170 +10 New
LWANC
367
Laurel Wealth Advisors (North Carolina)
North Carolina
$175
TAM
368
Tucker Asset Management
Colorado
$174
Kayne Anderson Rudnick Investment Management
369
Kayne Anderson Rudnick Investment Management
California
$135
MCM
370
MV Capital Management
Maryland
$97 -$34 -2 -29%
DAM
371
Delta Asset Management
Tennessee
$97
1832 Asset Management
372
1832 Asset Management
Ontario, Canada
$97 +$85 +5 New
FP
373
Financial Perspectives
Minnesota
$77
PWM
374
Partnership Wealth Management
Maryland
$58
VCM
375
Versant Capital Management
Arizona
$58

PENN Hedge Fund Activity: Q2 2024 in Review

381 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in PENN Entertainment (PENN) for Q2 2024, worth a combined $3.02B — up 12% from $2.69B a quarter earlier.

Sellers outnumbered buyers: 77 funds closed out of PENN and 58 opened new positions — a net loss of 19 holders — while 117 trimmed existing stakes and 107 added.

The largest buyer was BlackRock, adding an estimated $89.4M. The largest seller was Shapiro Capital Management, cutting an estimated $57.7M.

  • 381 institutional investors held PENN Entertainment (PENN) as of Q2 2024, down from 405 in Q1 2024.
  • Funds reported $3.02B of PENN Entertainment stock for Q2 2024, up 12% quarter-over-quarter.
  • 58 funds opened new PENN Entertainment positions in Q2 2024 and 77 closed out, a net change of -19 holders.
  • The largest PENN Entertainment buyer in Q2 2024 was BlackRock, an estimated $89.4M added.
  • The largest PENN Entertainment seller in Q2 2024 was Shapiro Capital Management, an estimated $57.7M sold.

Based on aggregated 13F filings for Q2 2024.